The club was a lock for relegation already but have assured their fate by entering Administration today, the first Premier League Club to do so. They were given an extension to find new ownership and funding but could secure neither by today's deadline. Fortunately, the south-coast club - which stood the risk of being completely shuttered by the High Court - will be allowed to continue. They will suffer a deduction of 9 points and the club's financial records will be investigated to decide how to move forward. As of today Portsmouth are 70 million in debt.

What do you think this will mean for the club? Just two years removed from an FA Cup title, are they set to fall down through the ranks of English football or are they marketable enough to turn it all around? Will a precedent be set that could affect some of the Big Four clubs racked with larger amounts of debt? What do you think?

Also, what will this mean for the look of the league next season? Will Jamie O'Hara find a spot at Tottenham or be shipped some place else? How about the futures of promising players like Kevin-Prince Boateng, Nadir Belhadj and Federic Piquionne? See any good fits for them?